Category Archives: Bharti AXA

Bharti AXA Term Insurance Plan Life eProtect Review by TruCompare

Bharti AXA Term Insurance Plan Review

Company: Bharti AXA Life Insurance

Product Name- Life eProtect

Product features:

  • Minimum sum assured of 25 lakhs
  • Available up to 30 years duration
  • Maximum Age – 70 years

Company’s pitch:

  • Claim settlement within 48 hours

Our view:

  • PLUS- Bharti AXA has lowest premiums in the market when compared to term insurance plans from other companies, both private and public.
  • MINUS- IRDA Claim settlement ratio is 88% which is on the lower side when it comes to its peers. Check here to see claim settlement ratio of insurance companies in India.
  • MINUS- Bharti Axa has very high customer churn. A high customer churn rate indicates problems with customer service. Check here to see customer service data for insurance companies in India.